Homula Realty Brokerage
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478 St Andrew Street E 101, Centre Wellington, ON N1M 3V7

2 beds · 2 baths · 1 kitchen · 5 rooms · 2 parking spaces · 1000-1199 sq ft · Condo Apartment
$629,900

Utilities includedWater

Also includedBuilding Insurance · Parking · Common Elements

Maintenance fee
$973 / month
Property tax
$4,420 / year
Included in the fee
Building Insurance, Parking, Water, Common Elements

Historic Charm Meets Modern Convenience. Experience the magic of the Historic St. Andrew's Mill. This rare, one-of-a-kind condo features two bedrooms, two full bathrooms, and two garage spaces. Inside, soaring 10-foot ceilings and expansive windows flood the interior with natural light, highlighting beautiful exposed beams and hardwood flooring throughout. Take a look at the unique, meandering floor plan offering privacy and character, this end unit has an incredible location within the building - only a few short steps to the side exterior door and the large riverside patio with BBQ station. Set on the Grand River overlooking Wilson's Dam, you are a short stroll to the shops & restaurants of historic Downtown Fergus. Across the river from this condo, you will find a beautiful community park, complete with winding walking trails through the forest. Don't miss the chance to see this standout corner unit for yourself - complete with soaring ceilings and the rare luxury of a private double car garage!

MLS number
X13599666
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N1M 3V7
Photos
27
Included in the fee
Building Insurance, Parking, Water, Common Elements
51days · this listing
51days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$125,980 · minimum here is $37,990
$2,789.06per month
Borrowed before insurance$503,920
Total borrowed$503,920
Interest over 25 years at 4.5%$332,798

If you rented it out

Monthly rent starts from the median of recent 2-bedroom leases in Fergus. Change it to anything you like.

-$1,730.39per month out of pocket
Rent$2,400.00
Everything it costs to hold$4,130.39
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Royal City Realty. Listing data provided by the Toronto Regional Real Estate Board.